European stocks opened flat on Wednesday ahead of the Federal Reserve’s widely expected decision to halt interest rate increases, while sports betting Entene shares tumbled after announcing a deal to buy another company. The European Stoxx 600 index settled at 463.49 points by 0709 GMT, while the travel and leisure …
Read More »Dollar tends to decline amid increasing bets on Fed stopping rate hikes
On Wednesday, the dollar hovered near a three-week low against the euro and near a one-month low against the British pound, after lower-than-expected inflation data cemented the view that the Federal Reserve will refrain from raising interest rates this time when it makes its decision. later in the day. The …
Read More »European stocks rise supported by the technology sector
European stocks opened higher on Tuesday, supported by gains in technology stocks amid growing optimism that the Federal Reserve will not raise interest rates during its monetary policy meeting. The pan-European STOXX 600 was up 0.5% by 0715 GMT, with the interest rate-sensitive technology sector index up 1.5%. Investors are …
Read More »Dollar is falling amid anticipation of US inflation data and central bank decisions
The dollar fell on Tuesday, but is trading in a narrow range, as investors remain cautious ahead of inflation data due in the United States later in the day, coinciding with the start of the Federal Reserve’s two-day monetary policy meeting. The Consumer Price Index report issued by the US …
Read More »Dow Jones heading higher 13/6/2023
Oil, Crude, trading
Read More »CAD: Canadian maintains negative stability 13/6/2023
The technical outlook is unchanged, and the Canadian dollar did not witness a significant technical change, maintaining the bearish context. The pair’s intraday movements are stable below the resistance level of 1.3390. Technically, the pair breached the support level at 1.3420 and turned into a resistance level according to reciprocating …
Read More »GBP retesting support 13/6/2023
Oil, Crude, trading
Read More »Oil is facing heavy selling 13/6/2023
US crude oil futures prices incurred significant losses during the last session’s trading within the expected downside trend. It touched the official target station at 67.80, recording its lowest level at $66.8 per barrel. Technically, by looking at the 240-minute chart, we find the continuation of the negative intersection of …
Read More »Euro is successfully testing support 13/6/2023
. The technical outlook is unchanged, and for several consecutive sessions, we waited for the pending orders to be activated due to the sideways movements that dominated gold prices from below 1945 and from above below 1977. From the point of view of technical analysis, gold prices witnessed positive attempts, …
Read More »European stocks open higher
European stocks opened higher Monday, June 12, at the start of a week full of important central bank meetings on monetary policies, and shares of the Swiss drug company Novartis rose after it agreed to buy the US-based Chinook. The pan-European Stoxx 600 index rose 0.3%. The Federal Reserve, European …
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